On January 1, Jarel acquired 80 percent of the outstanding voting stock of Suarez for $260,000 cash consideration. The remaining 20 percent of Suarez had an acquisition-date fair value of $65,000. On January 1, Suarez possessed equipment (five-year remaining life) that was undervalued on its books by $25,000. Suarez also had developed several secret formulas that Jarel assessed at $50,000. These formulas, although not recorded on Suarezs financial records, were estimated to have a 20-year future life.

As of December 31, the financial statements appeared as follows:

		Jarel				Suarez
Revenues	$	(300,000	)		$	(200,000	)
Cost of goods sold		140,000				80,000
Expenses		20,000				10,000
Net income	$	(140,000	)		$	(110,000	)
Retained earnings, 1/1	$	(300,000	)		$	(150,000	)
Net income		(140,000	)			(110,000	)
Dividends declared		0				0
Retained earnings, 12/31	$	(440,000	)		$	(260,000	)
Cash and receivables	$	210,000			$	90,000
Inventory		150,000				110,000
Investment in Suarez		260,000				0
Equipment (net)		440,000				300,000
Total assets	$	1,060,000			$	500,000
Liabilities	$	(420,000	)		$	(140,000	)
Common stock		(200,000	)			(100,000	)
Retained earnings, 12/31		(440,000	)			(260,000	)
Total liabilities and equities	$	(1,060,000	)		$	(500,000	)

Included in the preceding statements, Jarel sold inventory costing $80,000 to Suarez for $100,000. Of these goods, Suarez still owns 60 percent on December 31.

What is the total of consolidated cost of goods sold?

What is the total of consolidated expenses?

What is the consolidated total of noncontrolling interest appearing on the balance sheet?